08 Dec 1977
Page 1
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 08, 1977
Page
1
New York trading edged higher as wholesale prices rose 0.7 percent in November, cooler than expected. Dow Jones rose 0.52 to 807.43 while NYSE gainers outnumbered losers 2 to 1. Texaco up, Big Board composite at 51.55, AMEX at 122.85, volume 8.43 million.
Selected prices and changes for New York Stock Exchange listings show a wide spread of equities with notable activity. Alphabetical tickers such as Amex, AmAir, Avon, Avnet, and AmCan illustrate varied sectors, while figures hint at price levels and daily movements across industries.
New York based market data shows the Noon Index at 415 cents with industrial and transportation sectors noted. The High Point Enterprise details publishing norms, subscription rates, and delivery terms as it serves High Point, North Carolina.
AAP provided a snapshot of interdealer quotes as of about 3 pm, listing bid and asked prices across numerous companies and securities. The table includes names such as Aerotron Inc, Brennerines, Cannon Mills, CocaCola, Dollar General, Lowe's, Piedmont Aviation, and Pabst Brewing Co, among many others, with percentages and price marks indicating market levels and spreads.
In Salt Lake City AP report, a University of Utah study of 23 married couples found that stronger pillow blows during a one minute bout correlated with less marital discord. Couples wore wired clubs to track blows and answered questions on ten topics, suggesting open playful anger signals closeness.
Five year old Jyothisri comforts at a relief center in southeast India after surviving a cyclone and tidal wave that killed her parents. Her grandmother Janakamma, 70, stays by her side as they receive aid and shelter.
American jazz trumpeter Dizzy Gillespie arrives in Maseru with his quartet to perform at the Maseru Jazz Festival. He is met by Albert Mogale, Lesotho's minister of culture, and travels with guitarist Rodney Jones drummer Mikky Poker and bassist Benny Brown. The Saturday lineup features Monk Montgomery Al Wilson and six Rutgers University music instructors.
David Poting an Albuquerque NM minister and author of Why Billy Graham says evangelist Billy Graham should avoid politicians and stay at arm's length from world political figures. He criticizes Graham’s involvement with presidents including Richard Nixon and suggests Graham skip future prayer breakfasts while promoting his book with the Newspaper Enterprise Assn.
An Eastern Airlines Boeing 727 carrying 70 passengers slid into a snowbank while taxiing at Bradley International Airport, blocking the runway for over five hours. The airport was closed, hundreds of travelers were stranded, and an investigation into possible pilot error was planned. Eastern and other carriers arranged buses and hotels for affected passengers. Bradley lies between Hartford and Springfield.
In Conway South Carolina a county court judge will hear arguments on whether a temporary restraining order barring North Myrtle Beach Times editor Mike Little from speaking to Police Chief Merlin Bellamy is legal The case centers on the First Amendment right to question public officials and the editor says the order infringes press freedom Bellamy claims Little barged into his office while discussing a city council probe into police turnover and the editor says he was seeking an interview about the study conducted by Henry Wise and Associates Four South Carolina journalists groups condemned the order as unconstitutional arguing it isolates the chief from public accountability and hurts news access
A desert scheme by TM Dunn pairs hot air balloon launches with camel riders tracking the balloons and racing back after landing. Prizes include a baby Ceylonese elephant valued at 9 600 to 14 000 dollars, plus two comels for second and three crocodiles for third, as arranged with the sheik.
Damascus Radio reports Syrian leader Assad rejected all political and diplomatic methods to reconcile with Sadat after Hussein proposed Syria and Jordan attend Sadat s Cairo meeting. Cairo aims to prep a new Arab Israeli peace conference in Geneva with Egypt and Israel already represented. A senior U S official said the Carter administration urges an open ended Cairo meeting to coax Syria and Jordan to attend.
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